SUBSCRIBERS

New security law on Hong Kong spooks Asian markets

Market watchers see greater market volatility ahead, with sentiments largely dependent on the White House response

Published Fri, May 22, 2020 · 09:50 PM

Singapore

OPTIMISM from the gradual reopening of global economies was shaken on Friday by news that the Chinese government plans to impose national security legislation on Hong Kong, sending regional markets into a tailspin.

A robust response can be expected from the United States after President Donald Trump said that his government would address the issue "very strongly" if the new security law is passed.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here